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Share this article Share this article GURUGRAM, India, May 19, 2021 /PRNewswire/ While Indonesian government has been taking initiatives on grounds of industrial digitization, education & commerce, the country still lags behind other emerging countries in terms of digital adoption. Indonesia is placed as one of the largest economies in South East Asia where >60% population is unbanked. This proportion of population is often looking for alternative digital financing options. However, there is a still a section of population that continues to rely on traditional sources of financing (banks and informal channels like friends, family, informal lenders etc) for varied reasons such as limited financial awareness, inadequate collateral, lack of trust on alternative sources etc.

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